USD/CAD – 30M – BUYThe currency pair US Dollar/Canadian Dollar (USD/CAD) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 1.39295 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 1.39036 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is existing. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. In der Regel bedeutet das ein positives signal. Das Paar wird voraussichtlich nach oben gehen.
Additionally a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3949 |
| 2nd High | 1.39481 |
| Next High | 1.39295 |
| Current Price | 1.39142 |
| Next Low | 1.39036 |
| 2nd Low | 1.3902 |
| 3rd Low | 1.38689 |
1.39295 – 1.39481 – 1.3949 – 1.39036 – 1.3902 – 1.39322 —
1.39222 – 1.39210 —
47.23342921407 – 41.822394633387 —
– —
1.39295 – 1775538000
Trading Signals: FOREX – USD – USD/CAD – CAD – Northern Doji – Rising Wedge Chart Pattern – – – – – – – –